Learn more about the private equity secondary market.
Commercial mortgage loans, securitized assets and private placements can help plan sponsors diversify their exposure to long corporate bonds.
Tapping the securitized market can help plan sponsors diversify the corporate credit risk in their LDI portfolios without sacrificing yield and total return potential.
The latest proposal could have a disproportionate impact on small and medium sized insurers.
An unconstrained opportunity set should not equate to unconstrained risk. In this analysis, we explain why clearly defined risk tolerances, not specific return targets, are most important when approaching today's challenging fixed income markets.
The U.S. housing market still has meaningful upside. In fact, from several perspectives, we are still in the recovery phase. Against a robust economic backdrop, we believe securitized credit is a compelling way for investors to diversify a broader credit portfolio—yet the potential benefits of the asset class remain broadly misunderstood. In this analysis, we reveal why we believe securitized credit has become a “through-the-cycle” allocation.
Many investors dislike return of capital (ROC) because they think it is just a return of the original investment minus fees. But sometimes ROC can be favorable to your clients; this Insight can help you determine when.
The general rule of thumb when considering the relative value of a bond is that “wide” equals “cheap”. While this approach is relatively useful in a static mid-cycle environment, it breaks down in a changing world — such as when cyclical or secular forces are reshaping an industry or when a credit cycle is turning.